Aldie Man Pleads Guilty to Multi-Million Dollar Embezzlement Scheme
An Aldie man pleaded guilty today to a criminal information charging him with one count of wire fraud.
According to court documents, Kevin Lee, 38, was the controller for a McLean company. By virtue of his position, he had access to all the company’s finances, recordkeeping, and operational accounts. Between October 2018 and August 2021, Lee used his unique access to embezzle more than $7,000,000 through multiple transfers into his personal bank accounts. He disguised these transactions as payments to vendors and by falsifying information in the company’s recordkeeping software. Lee also re-directed money from an existing line of credit in the company’s name to cover revenue shortfalls created by his crime.
Lee is scheduled to be sentenced on January 12, 2023. He faces a maximum penalty of 20 years in prison. Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge will determine any sentence after taking into account the U.S. Sentencing Guidelines and other statutory factors.
Jessica D. Aber, U.S. Attorney for the Eastern District of Virginia, and Wayne A. Jacobs, Special Agent in Charge, FBI Washington Criminal Division, made the announcement after U.S. District Judge Michael S. Nachmanoff accepted the plea.
Assistant U.S. Attorney David Peters, with assistance from former Assistant U.S. Attorney Monika Moore, is prosecuting the case.
Original source can be found here
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